The Deputy should note that the fiscal parameters set out in Budget 2023 are based on the temporary tax measures expiring at end-February.
The cost of these measures being extended is set out below:
Estimated cost of 9% extension for tourism and hospitality by sector to 31.12.2023
Good/Service
|
Total €m
|
Accommodation
|
€102
|
Food/Catering
|
€358
|
Other Entertainment
|
€13
|
Cinemas
|
€4.9
|
Hairdressing
|
€26
|
Total
|
€503.9
|
Estimated cost of 9% extension for Gas and Electricity to 31.12.2023
Good/Service
|
Total €m
|
Electricity
|
€113.3
|
Gas
|
€37.4
|
Total
|
€150.7
|
Estimated Cost of Excise Extensions from 1.3.23 to 11.10.23 including VAT
Fuel Type
|
Total €m
|
Petrol
|
123
|
Diesel
|
318
|
MGO
|
35
|
Total
|
476
|